State authority says Samarco should “correct” all its licensing processes

Friday, 14 October 2016 22:10:02 (GMT+3)   |   Sao Paulo
       

Semad, a Minas Gerais state environmental authority, ordered Brazil pellet producer Samarco, a 50/50 JV between Vale and BHP Billiton, to “correct” all its environment licensing processes as well as the processes for its structures and activities related to the Germano mining complex in the city of Mariana, where an iron ore waste dam break killed 19 people in November 2015.
 
Semad’s moves meets a request from the Public Ministry in the state of Minas Gerais, a body of public prosecutors. According to Semad, existing licenses for the Germano complex are currently suspended until a whole new process be “formalized.”
 
The decision adds to the woes of Samarco, which has been unable to resume operations and has delayed start-up forecasts. Credit rating agencies said the company could run out of cash soon, and prosecutors asked Semad to not grant any new license until Samarco proves it has adopted all the needed measures to take the mud out of the Carmo and Gualuxo do Norte rivers.
 
“Samarco can only start operating when it demonstrates to public authorities it can operate safely and with an environmental control,” prosecutor Carlos Eduardo Ferreira Pinto told Brazilian media.
 
Samarco said it will meet the determinations of Semad regarding the Germano mining complex.


Similar articles

Daily iron ore prices CFR China - April 19, 2024

19 Apr | Scrap & Raw Materials

Vale's iron ore exports up 97.5 percent in January

19 Apr | Steel News

Major steel and raw material futures prices in China - April 19, 2024

19 Apr | Longs and Billet

Iron ore prices continue to rise, heading towards $120/mt CFR

18 Apr | Scrap & Raw Materials

India’s coking coal import traffic at ports up 10% in FY 2023-24

18 Apr | Steel News

BHP Billiton’s iron ore output down in Q3 FY 2023-24, metallurgical coal output forecast lowered

18 Apr | Steel News

China’s iron ore output increases by 15.3 percent in Q1

18 Apr | Steel News

Major steel and raw material futures prices in China - April 18, 2024

18 Apr | Longs and Billet

Brazilian high-grade iron ore price increases sharply week-on-week

17 Apr | Scrap & Raw Materials

Iron ore production increases at Vale in Q1

17 Apr | Steel News